Accelerated Training Limited

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 06941420

		2017		2016
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		1,451		1,533

			1,451		1,533
CURRENT ASSETS
Debtors	4	29,827		21,540
Cash at bank and in hand		375		572

		30,202		22,112
Creditors: Amounts Falling Due Within One Year	5	(16,551 )		(9,874 )

NET CURRENT ASSETS (LIABILITIES)			13,651		12,238

TOTAL ASSETS LESS CURRENT LIABILITIES			15,102		13,771

NET ASSETS			15,102		13,771

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			15,002		13,671

SHAREHOLDERS' FUNDS			15,102		13,771

Page 1

Balance Sheet (continued)

As at 30 June 2017

For the year ending 30 June 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Lee Thomson

31 March 2018

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% reducing balance
Computer Equipment	33% straight line

2. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

3. Tangible Assets


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 July 2016	9,879	-	9,879
Additions	-	328	328

As at 30 June 2017	9,879	328	10,207

Depreciation
As at 1 July 2016	8,346	-	8,346
Provided during the period	383	27	410

As at 30 June 2017	8,729	27	8,756

Net Book Value
As at 30 June 2017	1,150	301	1,451

As at 1 July 2016	1,533	-	1,533

4. Debtors

	2017	2016
	£	£
Due within one year
Director's loan account	29,827	21,540

	29,827	21,540

Page 3

Accelerated Training Limited

Notes to the Unaudited Accounts (continued)

For The Year Ended 30 June 2017

5. Creditors: Amounts Falling Due Within One Year

	2017	2016
	£	£
Corporation tax	10,718	5,241
Accruals and deferred income	5,833	4,633

	16,551	9,874

6. Share Capital

	Value	Number	2017	2016
Allotted, called up and fully paid	£		£	£
Ordinary shares	1	100	100	100

7. Ultimate Controlling Party

The company's ultimate controlling party is Lee Thomson by virtue of his ownership of 100% of the issued share capital in the company.

8. General Information

Accelerated Training Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06941420. The registered office is 54 Ring Road, Halton, Leeds, LS15 7AB.